Trading Statement
March 08 2005 - 2:00AM
PR Newswire (US)
Trading Statement First Calgary Petroleums Ltd. Trading Activity
CALGARY, March 8 /CNW/ - In response to the recent volatility in
the trading of the Company's common shares, First Calgary
Petroleums Ltd. ("FCP") advises there are no material changes to
report. FCP is continuing to work with its financial advisor,
Lehman Brothers, in seeking and evaluating strategic alternatives,
as previously announced. First Calgary Petroleums Ltd. is an oil
and gas exploration company actively engaged in international
exploration and development activities in Algeria. The Company's
common shares trade on the Toronto Stock Exchange in Canada (FCP)
and on the AIM market of the London Stock Exchange in the UK (FPL).
This news release includes statements about expected future events
and financial results that are forward looking in nature and
subject to risks and uncertainties. FCP cautions that actual
performance may be affected by a number of factors, many of which
are beyond its control. Future events and results may vary
substantially from what First Calgary Petroleums Ltd. currently
foresees. For further information: Richard G. Anderson, President
and CEO, First Calgary Petroleums Ltd., Tel: (403) 264-6697; Tony
Durrant, Managing Director Corporate Finance, Lehman Brothers
Europe Limited, Tel: +44 (0) 207 102 2911 (FPL) END
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